AP - Soft 4Q22 profit as expected; Maintain BUY TP THB14.00

BH - Surprising 4Q22 record high earnings; Maintain BUY TP THB260.00

CKP - Dry season hits hydropower profits; Maintain BUY TP THB6.50

BCPG - Seasonally weak in 4Q22; Maintain BUY TP THB13.00

MEGA - Sunny outlook for long-term growth; Initiate with BUY TP THB65.00

ITC - A year of strong pet food growth; Maintain BUY TP THB40.00

ASW - Strong earnings growth potential; Initiate with BUY TP THB9.60

AH - Manageable impact from VinFast; Maintain BUY TP THB42.00

SC - 4Q22 profit beats our estimate; BUY TP THB5.00

DELTA - All reflected in the share price; Initiate with REDUCE TP THB560.00